Karachi, August, 2023 – Jubilee Life Insurance, Pakistan’s largest private sector insurance company,
has signed an MOU with Telenor Pakistan, one of the country’s largest telecommunications service
providers to bring unprecedented ease and accessibility for health and life insurance services. Under this
collaboration, insurance products from Jubilee Life will be directly integrated into the Apollo app,
Telenor’s flagship platform which caters to a robust network of 120,000 retailers across Pakistan.
Apollo, a trademarked product of Telenor Pakistan, stands at the forefront of innovation. It’s a
comprehensive digital solution that redefines the conventional retail distribution landscape into a
modern digital space, ensuring easy access to the Apollo retailers. Through its ingenious design, Apollo
enables the retailers to connect with the audience more efficiently than ever before.
Through an effective collection of their expertise, Jubilee Life Insurance and Telenor Pakistan are set to
revolutionize insurance penetration in the country. This initiative will enable millions of Pakistanis to be
empowered in terms of securing insurance policies through Telenor Pakistan retailers, ushering in a new
era of swift and simplified insurance acquisition. The streamlined, user-friendly process caters to the
modern dynamics of the nation, where convenience and efficiency are being given the utmost
importance especially by younger audience.
Mr. Farhan Faridi, Group Head – Retail Operations, Marketing and Administration at Jubilee Life
Insurance, stated, “As the dynamics of our society evolve, digital technologies have become an integral
part of our daily lives. We recognize that a significant portion of our population comprises young
individuals who embrace these technologies. Jubilee Life is committed to raising awareness about the
importance of insurance plans among this demographic. Our collaboration with Telenor Pakistan is a
demonstration of our dedication to making insurance coverage accessible and relevant to the digital
age.”
Mr. Omer Bin Tariq, Chief Marketing Officer Telenor Pakistan, stated, “Telenor Pakistan consistently
strives to provide its users with innovative solutions that simplify their lives. Collaborating with Jubilee
Life Insurance aligns seamlessly with our mission to empower our user base and partners through
technological advancements. We take immense pride in joining forces with a leading institution like
Jubilee Life Insurance to reshape how insurance is accessed and perceived in Pakistan.”
By harnessing the power of digital technology and catering to the preferences of the younger
generation, the integration of insurance products within the Apollo app marks a significant step towards
increased insurance coverage, simplified processes, and enhanced financial security for Pakistanis.
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